The regulation concerning the tax treaty between Austria and Taiwan (published in Federal Law Gazette II No. 385/2014) and the treaty itself as an annex to the regulation were approved by the Austrian National Council in December 2014. The ratifications were exchanged in the last days of December, and the regulation then entered into force. The regulation and the treaty have been in effect since January 1^st, 2015. The regulation of the Federal Minister of Finance was released according to sect 1 para 1 of the Double Taxation Act, Federal Law Gazette I No 69/2010. Like any other Austrian regulation or international agreement, it has legally binding effects in Austria. Austria decided to act in this way owing to the special situation of Taiwan, which is internationally not accepted as a state, but has its own tax authority.